5 Money Making Lessons.
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Behind every impressive revenue figure lies a deeper story of business transformation. When my water treatment company hit $114,000 in monthly revenue with just four employees—after previously doing $105,000 with 18 staff members—I knew I had to share the counterintuitive wisdom gained from this breakthrough.
The journey to this milestone wasn't about working harder or implementing complex systems. Instead, it came from stripping away what wasn't working and focusing intensely on fundamentals. After helping scale a solar company from $600K to $25M in under a year, I wrongly assumed growing my own business would follow the same playbook. This misconception led to painful but valuable lessons.
My greatest revelation was realizing I'd removed myself too quickly from sales—my personal strength—in an attempt to "act like a CEO." By returning to what I excelled at while maintaining a lean team structure, our profitability skyrocketed. Similarly, segmenting administrative responsibilities sharply rather than having staff juggle multiple roles transformed our operational efficiency. Meanwhile, avoiding government contracts with lengthy payment cycles protected our cash flow, and focusing on profit over vanity revenue metrics kept us financially healthy.
Perhaps most importantly, I learned to have difficult conversations with underperformers immediately while generously rewarding top talent before they asked. This approach has built a culture where excellence is both expected and celebrated. Whether you're struggling with growth decisions, team structure, or prioritizing where to focus your energy as a founder, these hard-won insights might save you from making the same costly mistakes that nearly derailed my business journey.
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Youtube: https://youtube.com/@justinshoemaker9582?si=DSsbCeNl1kgH3EKK
LinkedIn: Justin Shoemaker
Chapters
1. Record Month: Five Key Takeaways (00:00:00)
2. Do What You're Great At (00:00:53)
3. Avoid Big Jobs With Long Paybacks (00:05:05)
4. Segment Your Admin Team (00:08:31)
5. Grow for Profit, Not Revenue (00:11:35)
6. Have Hard Conversations Early (00:15:40)
32 episodes